If you have no one who is financially dependent on you in your family, you can simply go without a life insurance policy but a health insurance cover is something that cannot be ignored. The reason for it is that the soaring costs of healthcare and the unforeseen event of hospitalization can hit your financial health very hard. So it is prudent to go for a good health cover without thinking of a good time to come. If you are thinking of a health...more
It is almost inevitable that divorce will focus on monetary assets. Everything from a home to earnings can become subject to scrutiny. Yet surprisingly few people realize that a life insurance policy - and the potentially large benefits it can pay - can be a significant element of divorce proceedings. There are a number of ways that a policy can be impacted by a divorce.Out-Of-Court QuestionsThe primary question for most divorcees is how they can remove their former spouse from their life insurance policy. In most cases, the answer is that they don't have to. It is very rare for a policy to be jointly held, or controlled by both parties together. The vast majority of individuals have individual coverage, even if they are married. Instead of being named on the actual coverage, the spouse is a beneficiary.A beneficiary only has a claim over the insurance once death benefits are being paid. Before then, the person who pays for the actual coverage is the one who can control it. The beneficiary is whoever you determine it to be, and you can change their status whenever you like. In most cases, the husband or wife becomes the beneficiary on a life insurance policy because it's what is...more
Every type of coverage has its own unique set of advantages and disadvantages. One of the main benefits of universal life insurance is the ability to withdraw money from your insurance account without paying interest on it.A Look At Universal Life InsuranceUniversal coverage is unique because it offers coverage throughout your lifetime but with...more
Many people have questions and for the most part these health insurance questions revolve around the recent controversy about the government health care plan that is soon to be implemented in the U.S. For the most part there is a lack of understanding about this program and the following are just a few of the pressing questions that American's want...more
Many people don't realize that there are a variety of ways that you can save on your health insurance. While most are aware enough to try and find the lowest possible premiums on a good insurance policy, there are in fact several other ways that you can reduce your premiums and get more reimbursement than you ever dreamed was possible.One way to save is through a health risk assessment. While many companies offer this type of discount to their employees some still don't. Sit down and talk with your insurance provider to find out if health assessments are available for your company. Essentially what this does is reduces the amount that they take from your paycheck for each pay period. In exchange you will have to answer some health related questions and may have to have a blood test. It is an evaluation intended on providing you with health information that can help you to make healthier choices in your life and in exchange your insurance provider will cut down your premiums a little.Another way to make the most of your insurance plan is to look for the ways to save money on health related expenses. Many health insurance companies don't draw your attention to these issues, however...more
Many Working Folks Do Not Get Health Insurance at Work!We are utilized to thinking of well being insurance policy as an employee benefit. However, numerous little companies do not offer a group health program. With the boost in house based companies...more
Insurance premiums combine to make up a substantial portion of most American's monthly bills. Between home insurance, car insurance, health insurance, and others, it is likely that you are paying many hundreds of dollars every month to protect...more
Simple Ways to Cut Your Long-Term Care Insurance Premiums By: christine About the Author Need more information on how to save from long term care insurance premiums? Visit http://www.completelongtermcare.com and read articles...more
No one wants to search and search for the right insurance at the best prices. It is just too much work, and we are lazy. We want to find a company, sign the paperwork, and forget about it.In a perfect world this would be possible, but look around...more
If you work a regular nine to five job, and on top of that, you have a family to take care of, the chances are you don't get much time for yourself, and of course this probably means that you just cannot find the time to shop around for home...more
Buying insurance for your home is something that we just tend to ignore until the very last minute. It tends to be one of those things that we buy once and then ignore it, making the payments as required, not checking to be sure that the policy is up...more